Dublin house prices soar - what can you still get for $300,000?

As the capital’s residential property prices jump by 22 percent what bargains are left on the market?MyHome.ie

House prices in Dublin have jumped by 22 percent in the past year, according to Ireland’s Central Statistics Office (CSO). Though prices may be on the up we took a look at what bargains are still available for $300,000 (€220,000).

Given that on average house prices in Ireland rose by 10.6 percent in the past year the jump of 22 percent in Ireland’s capital seems strikingly high. In fact, the Irish Times reports that house prices are “now increasing at a faster rate than at any time since the height of the boom.”

However, putting the current price situation into perceptive they also point out that prices of residential property in Dublin are still 46.3 percent lower than they were at their highest, in Feb 2007.

Keeping that in mind we took a look at what kinds of properties you can nab in Dublin for $300,000 (€220,000).

Where: 4 Shamrock Terrace, North Strand, Dublin 3.

Price: €220,000 ($300,000).

What: Terraced house, three bedrooms, one bathroom.

Features:

- Red-bricked property which has been extensively renovated and is currently rented.

- Living room, dining room and kitchen on ground floor.

- Close to Five Lamps, Connolly Station and IFSC.

Where: 22 McDowell Avenue, Mount Brown, Kilmainham, Dublin 8.

Price: €220,000 ($300,000).

What: Terraced house, two bedrooms, one bathroom.

Area: 66 square meters (710 square feet)

Features:

- Located in a cul de sac.

- Full planning permission for a two story extension to rear.

- Natural gas central heating.

- Off street parking.

- Close to James Hospital, Kilmainham within easy access to the N7 and public transport via the bus and red Luas line.